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Advent Technologies Holdings Inc   (ADN)
 

Failed to reach profitability in spite of surge in Revenues, the over the third quarter of 2022 earnings season

ADN announced third quarter of 2022 operating loss of $-11.092 millions


Published Nov 15 2022
CSIMarket Team / CSIMarket.com


afterburner_inspection_machinery_sailor_navy_jet_plane_airplane_engine-1228994The company lost money at $-0.22 per share in the third quarter of 2022 earnings season, although its Revenues surged by 43.31 % to $2.40 millions from the same financial reporting period a year prior.

In the preceding financial reporting period the company realized Revenue of $2.23 millions and $-0.22 per share.


For the financial span ending September 30 2022 Advent Technologies Holdings Inc realized net deficit of $-11.468 million, higher than $-11.280 million a year ago.


Advent Technologies Holdings Inc is expected to report next financial earnings on May 11, 2023.



Advent Technologies Holdings Inc's Inventory Turnover Ratio

Advent Technologies Holdings Inc's Price to sales ratio PS



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Unveiling SereneP: Advent Technologies Redefines Portable Power for Construction and EV Charging Applications

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The Top-line plunged at ADN during the fiscal time-frame ending December 31 2022

Failed to reach profitability in spite of surge in Revenues, the over the third quarter of 2022 earnings season

Advent Technologies Holdings Inc reported a sharp deterioration of -15.665 %, in revenue, in the financial first quarter of 2022



Other ADN's news

Advent Technologies Secures Funding for RiverCell 3 Project, Paving the Way for Revolutionary Maritime Fuel Cell System

Advent Technologies Bolsters Financial Leadership with Appointment of Naiem Hussain as CFO

Advent Technologies Secures Danish Funding for Revolutionary Clean Energy Project

Advent Technologies Announces $2 Million Registered Direct Offering of Common Stock

Unveiling SereneP: Advent Technologies Redefines Portable Power for Construction and EV Charging Applications

Advent Technologies and Volta Energy Join Forces to Pave the Way for Methanol-Powered Fuel Cell Units in the Mobile Power Industry

Advent Technologies Empowers U.S. Department of Defense with Advanced Portable Fuel Cell System for Military Applications

Advent Technologies Secures 180-Day Extension on NASDAQ Compliance Journey

Advent Technologies and Airbus Join Forces: Revolutionizing Hydrogen Fuel Cell Technology

ADN witnesses significant decline in revenue throughout Q3 of 2023, impacting Advent Technologies Holdings Inc

Advent Technologies Holdings Inc Faces Devastating Revenue Slide in Q2 2023: Is the Company*s Future in Jeopardy?

Advent Technologies Holdings Inc Faces Challenges in Q1 2023 Financial Report, but Remains Focused on Revolutionary Fuel Cell Technology

The Top-line plunged at ADN during the fiscal time-frame ending December 31 2022

Failed to reach profitability in spite of surge in Revenues, the over the third quarter of 2022 earnings season

Advent Technologies Holdings Inc reported a sharp deterioration of -15.665 %, in revenue, in the financial first quarter of 2022



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